Bitcoin Is An ‘Excellent’ Buying Opportunity At If It Breaks Below $90,000 Says Standard Chartered

Bitcoin (CRYPTO: BTC) could potentially fall to the low $80,000s if it breaks decisively below $90,000, according to Standard Chartered‘s Geoffrey Kendrick, who views such a dip as an “excellent medium-term buying opportunity.”
This analysis comes amid concerns over macro risks and high expectations regarding the incoming Trump administration, leading to potential volatility in the digital asset market.
According to Standard Chartered’s report, the average Bitcoin purchase price of spot ETFs and MicroStrategy (NASDAQ:MSTR) since the U.S. election hovers around $94,000.
This means that these major Bitcoin holders …Full story available on Benzinga.com

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